Getting Started in Real Estate Investing

If you're just getting started in the real estate investing game, chances are, you've got a few questions.

"Where do I start?"

"How do I get started investing in out-of-state properties?"

"Is real estate a smart investment?"

"Is managing a property going to completely take over my life?"

Getting started in real estate investing can be overwhelming. You're not sure where to start, how to get started, or whether getting started is even a good idea.

Below you'll find a wealth of information to help you get started on the path to becoming a real estate investor, including what it takes to become a successful investor, tips for building a profitable portfolio from seasoned real estate investment pros, everything you need to get started with your first investment (including how much money you'll need to get off the ground), and how to minimize the amount of time you spend managing your investment properties.

By the time you're done reading, you'll be armed with the information you need to take the leap and get started in the world of real estate investment.

Some television programs (we’re looking at you, HGTV) can make investing in real estate seem almost too easy. While it’s entertaining to watch, the truth is real estate investment is backbreaking work. What you see on TV is only half of the story.

When you’re getting started in real estate investing, there are two ways to approach it: as an investor or as a landlord. There are also two ways to treat the properties you own: as a business or as a hobby.

All investments involve risk. But if you’re looking to invest a chunk of change, you want the most bang for your buck with the smallest risk possible: real estate. Sure, we work in real estate and think it’s a wise investment. Otherwise, we wouldn’t make the investment ourselves. But we do.

Planning to invest in property in the United States? You’ll need to consult an experienced real estate agent (preferably someone who specializes in investment properties) and an expert tax accountant before you get started.

Ever wondered why some people make it in real estate while others don’t? Meanwhile, the best investors always seem to be ahead of the curve — knowing what properties will pay off and what’s not worth their time.